Yesterday, Guangzhou Automobile Group Co.Ltd(601238) and Guangdong Yueke Financial Group Co., Ltd. (hereinafter referred to as "Yueke financial group") signed a strategic cooperation framework agreement in Guangzhou. The two sides will jointly establish an automobile industry fund to provide financial support for the development of the automobile industry, invest in technology incubation and achievement transformation in the automobile field, strengthen cooperation in the automobile industry chain, and help Guangzhou Automobile Group Co.Ltd(601238) build a more independent and controllable industry chain.
Lin Haojun, Secretary of the Party committee and chairman of Yueke financial group, Wang Tao, deputy secretary of the Party committee and general manager, and Wu Feng, member of the Party committee and deputy general manager Guangzhou Automobile Group Co.Ltd(601238) party secretary and chairman Zeng Qinghong, executive committee member Liu Wei, board secretary Sui Li and others attended the event.
According to the agreement, in the future, relying on the professional ability and resource advantages of Yueke financial group in the field of venture capital and the resource and technical advantages of Guangzhou Automobile Group Co.Ltd(601238) as a leading enterprise in the automotive industry, the two sides will jointly establish an automotive industry fund with relevant industrial capital, local capital, financial capital and social capital, so as to give full play to the financial strength of both sides and provide financial support for the development of the automotive industry.
In terms of strengthening project investment cooperation, the two sides will give full play to their respective advantages and carry out project cooperation in cutting-edge technology incubation, transformation of scientific and technological achievements and investment in science and technology industry in the automotive field. When conditions are ripe, the two sides will also jointly hold special investment and financing docking activities to promote the innovative development of the automotive industry.
It is noteworthy that Guangzhou Automobile Group Co.Ltd(601238) and Yueke financial group have had different degrees of cooperation in the past. After the signing of this strategic cooperation, the two sides will continue to deepen cooperation in many fields and promote cooperation in depth and reality. The two sides will strengthen the linkage and cooperation in the automobile supply chain, rely on the scale advantage and industrial chain influence of Guangzhou Automobile Group Co.Ltd(601238) as the "main chain enterprise" of Guangzhou intelligent networking and new energy automobile industry chain, and the technological innovation strength of Guangdong Hongtu Technology (Holdings) Co.Ltd(002101) in the fields of die casting and automobile interior and exterior decoration, strengthen the cooperation and resource sharing in the R & D and manufacturing of automobile parts, and jointly build an independent, controllable and A safe, reliable and technologically innovative industrial chain coordinated development system.
In addition, the two sides are also actively exploring cooperation in promoting talent exchange, industry research, personnel training and other aspects, and jointly promote the professional ability of business personnel of both sides through team daily exchange, work experience sharing, research achievement sharing, cooperation in holding special lectures, professional training and other ways.
In recent years, the automotive industry is accelerating the transformation to the "new four modernizations". The scientific and technological attributes of the automotive industry are increasing day by day. It is necessary to continue to increase investment to promote technological breakthroughs and industrial upgrading. The enabling role of financial forces in the development of the automotive industry is also becoming increasingly prominent Guangzhou Automobile Group Co.Ltd(601238) also actively uses GAC capital as a capital operation and equity investment and financing platform to lead the automobile industry chain to accelerate the transformation to the "new four modernizations" through investment. GAC capital focuses on the two directions of new energy and intelligent Internet connection. By investing and cultivating core enterprises and radiating the industrial chain, GAC capital has successively built four ecosystems of new energy batteries, semiconductors, Internet of vehicles and automatic driving through investment, so as to further open up the key technologies and core resources in the above fields, lay a solid industrial foundation for Guangzhou Automobile Group Co.Ltd(601238) transformation, and realize industrial synergy by integrating all links, Continue to inject innovative power into the transformation of the automobile industry.
Yueke finance group is one of the earliest venture capital institutions established in China. It is also the first provincial science and technology finance group in China and the only provincial comprehensive science and technology finance platform in the province. Since its establishment, Yueke finance group has been committed to providing comprehensive financial services for scientific and technological innovation in Guangdong. It has been deeply cultivated in the field of investment in scientific and technological innovation for many years and has rich resources and experience. The cooperation with Yueke financial group has brought more high-quality resources for Guangzhou Automobile Group Co.Ltd(601238) using financial power to enable industrial development.